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tv   Meet the Press  NBC  September 19, 2011 2:05am-3:05am EDT

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>> i prefer not to be considered part of the latin boom because after a boom after explosion what is left but just ashes i don't want to be part of ashes. >>reporter: she went on to win 7 latin grammy award. one small part of whether makes her second most successful latina singer behind gloria. ♪ after her hit don't lay success in 2006 she got the rare privilege of singing at president obama neighborhood inaugural ball in 2009 and showing off her harmonica inaugural ball in 2009 and showing off her harmonica skills >> true musician all around the singer song writer had a feeling she would be a success. >> somehow i was expecting deep inside i had faith. >>reporter: wow! what an extraordinary group of women. i am so honored to be a part of the historic issue. now
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everyone can see the beautiful magazine out on news stands no now. that is it for us from 30 rockefeller plaza. happy 15 latina magazine anniversary. happy 15 anniversary to latina magazine. you are getting old but getting better. >> happy 15. are you going to wear a big ball gown for your 15 latina magazine. >> celebrate you latina magazine for paving the way and giving latin community a voice. >> happy 15 latina magazine. just weren't to say happy 15 birth difficult. >> will tina magazine. the [ expecting spanish]. >> latina magazine 15 years, looking hotter than ever. congratulations. >> happy 15 anniversary.
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>> la 10 a magazine. congratulations on your 15 >> la 10 a magazine. congratulations on your 15 years.
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>> i am sara gore and this is "open house." we see some truly creative homes and the people who live in them. our exclusive tour of a tricked out where house turned home.
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we toured the home of the designer maxine who shed some light on keeping your hall in perfect balance. we visit a home in lincoln park, chicago. this we have an unforgettable tour inside of an all-black apartment. and we also look inside of a sultry day-kover. [captioning made possible by nbc universal] captioned by the national captioning institute >> welcome to "open house." whether you are buying, selling, redesigning, or just dreaming, we have you covered. we go to a place in soho with on parallel architecture.
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this has incredible space both inside and out. a designer and her client collaborated on the design of this warehouse turn home in downtown manhattan. this has plenty of room for some really amazing designed. it take a look. >> welcome. we are here in my home in new york. the house was developed by my husband's friend. i am here with my good friend, this interior designer. we are going to show you this house. it is about fun, it is about color, is about some craziness. let's check it out. it is a six-story building. there is some beautiful open space. >> i think we added it whimsy, personality, and fun to the space with color. this is my office. for my inspiration that i have
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a picture of a parakeet that i was totally in love with. the reason the colors work so well in this room is because they literally pop off of these crazy white walls. >> instead of doing long linear bookcases, we got creative. we had some fun. we took old frames and added some charm. here you are in your happy, happy kitchen. >> sunnyside up. >> we wanted to put some serious color in this. if this is the only room where we had artwork pre-picked before designing. splash it on the chairs.
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this ties the colors together. it is a soothing way to design, incorporating color that way. more interesting is this incredible insulation place that we have. >> this is a tricky wall. we decided to do something reasonable and do a big, bold, graphic installation. this leads us right into the living room and dining room. gigantic ceilings and a tall space. they really ground the spaces. the living area and the dining area -- >> are defined by the rugs. it is important that the colors work well together. >> connecting shades helps a
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lot. this is the light fixtures back here. the dining table we have. >> and the couches. that is where it started. circular couch space. we are finally at the top. this is where the family lives. downstairs is all about entertaining. >> it is the only space where we use real wood. you get that warm feeling that you want to be up here. the steam room does not have to be steamy. you take that element. >> thank you for taking the tour with us today. we had a great time showing you how much fun we had creating these spaces. >> to comply with color and you can play with scale. >> here is what is coming up on "open house." >> we put a lot of effort into
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the rooms inside the house. the rooms outside are just as important. >> i wanted the candle to drip. >> this is a pretty boring room right now. in one day, this will be a sultry get away. >> building at home as opposed to decorating a house is about showcasing all of the things that you love. that is a quest for meaning more so than a quest for beauty.
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>> welcome back to "open house." now we return to an l.a.-based designer in the hollywood hills.
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he shows how to combine texture, vibrant colors, and lots of glamour. >> how low. i am an interior designer from belgium. i will like to welcome you to my hollywood home. i think a home should tell a story. it all starts at the entrance. you decide to bring the art on the floor. finishing it with the border will lead you. you are welcomed by a private sign that shows you my love for fashion. this showed a dripping effect. s. spots of color and a lot of movement into the space.
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when i started with my living room, i had a very narrow space. a lot of natural light. i decided to tone it down. believe it or not, black is a very warm color. i took it all across the room from the blinds to the bookshelf. i used a masculine pinstriped fabric. i used an army camouflage pillow. in my own space, i use black and white. the desk is the focal point of the room. i love roses. the dresser adds a lot of contrast and color to the room.
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i displayed my collection. i gave it a little bit of glamour. that is a great example of me taking risk. i wanted the black candle to drip into the carpet. i picked the black carpet to match the rest of the room. his is fun and eclectic. when you come to the bedroom, i want this to be relaxing. bring in your own bed sheet. it makes it really personal. at the end of the day, when it comes to design, there are no rules to follow. it is all about being creative. >> an elegantly designed home in the heart of chicago, a new yorker pad dressed in black and
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a beautiful day-kover. [ agent ] so your policy looks good, is there anything else? why did you buy my husband a falcon? thanks for the falcon. i didn't buy anyone a falcon. sure, you did. you saved us a lot of money on auto insurance. i used that money to buy a falcon. ergo, you bought me a falcon. i should've got a falcon. most people who switch to state farm save on average about $480. what they do with it, well, that's their business. oh, that explains a lot, actually. [ chuckles ] [ male announcer ] another reason people switch to state farm. aw, i could've gotten a falcon. [ male announcer ] get to a better state. [ falcon screeches ] >> welcome back to "open house." we travel to the contemporary residents in lincoln park, chicago. it is a space with character and soul of making a functional. >> hi, i am suzanne.
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i am an architect and designer in chicago and new york. in my own home, i injected some personality. by first tip would be to consider your architecture carefully. most importantly, the ceiling height. they do things besides look elegant. they also function well. rooms do not have to be/walls. i used the raven to divide this. this is important if you want to feature specialized objects, including the subjects. the black and white color with the zebra rug. i love to cook, so we designed
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the cote's kitchen. you are thinking about your cooking triangle. it is how your stove, sink, and refrigerator come together and how many steps you have to take between them. not many people think about putting this in front of your stainless steel backdrop. my favorite tip of all, it is one we do in every bedroom. put your lamps on a very large bedside table. then a small reading lamp makes reading very easy. it is ok to put together contemporary photography and family treasures. that is what gives here room character. we put a lot of energy into what we do inside the house. the rooms you create an outside are just as important. some of the tips that make it easy are trellises.
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you have coverage to hang chinese lanterns from. the black and checkered titles make it seem more elegant. i really enjoyed sharing my own home with you today. i hope you found some interest tips to create the barman you are looking for in your own home. " one designer proves that black is the new black. he takes a room from plant to beautiful in just one day.
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>> welcome back to "open house."he takes us inside his client's home. what makes this, unique? it is almost entirely black. this dark apartment is anything but drab. >> hello. welcome to the black apartment. i actually bought this apartment as space. there was literally nothing here. i wanted this apartment to be the ultimate bachelorette pad. you can make everything work exactly the way you wanted it to. i want to take the tour of the apartment and show you how his team made this an amazing place to live. >> the first thing you do when you start an interior design project is you have to know the client. understanding and knowing cindy
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put us in a position to know her as one of the most open people we have ever met. you do not notice the black. you notice her life. this is about her. that is the power of a place like this. you are living life in the open. that meant that everything in her life is in the open. that meant her clothes, her shoes. we've built an apartment-long double shelf to be able to expose her over 300 pairs of high heel shoes. almost as if and it was a high heel museum. >> when you are talking about an open space, you are going to talk about the bathroom. cindy was cool with that. we design a bathroom that would be open. we build it around the only thing that would not be black,
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and that is a marble wall. the bathtub is an elevated platform. in order to simulate the idea, the faucet is actually on the ceiling and it is built from above, which is a pretty amazing thing to do in a new york environment. we wanted to differentiate the bathroom from the rest of the apartment. we decided to fill a trough with these river stones. building a home as opposed to decorating a house is about showing the things that you love. it is about finding what you love and putting it on display for others to see. it is more than a quest for mere beauty. that is what we do with everyone of our projects and that is
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what i suggest we do for you. >> on next, a beautiful bedroom makeover in just one day. >> we constructed a dramatic wallboard. ♪ i'm a speck of dust alone in the wire jungle. some dust rags say i'm unreachable, [ grunting ] but that's how i like it. unattached, free, indep...
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i've changed my mind. ♪ i believe in miracles [ female announcer ] swiffer attracts dust. new and improved swiffer dusters with dust lock adhesive picks up two times more dust than a dry dust rag and locks it away. you're very adventurous! [ female announcer ] swiffer gives cleaning a whole new meaning.
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>> welcome back to "open house." we are in chicago waiting to do the last touches on the renovation. he will change this bedroom into a masculine retreat in just one day. >> i am an interior designer here in chicago. my partner and i moved into a renovated loft. everything is perfect except for the master bedroom. it is dark, dreary, and depressing. we are going to transform this space into a dreamy get away. here we are in the master bedroom. it is a pretty boring room right now. this is going to be a sultry getup for us.
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we do not have any windows in this space. we have to address the lighting issue. we had a door swing from the walk-in closet that was eating up valuable force base. we have to find a way of closing this off. one of the things we are going to focus on is this bed. we are going to reinvent the bag itself and make a great focal point on the wall. we have at our work cut out for us. let's get to work. here is a tip, rather than get rid of a perfectly good bed, let's reinvent it. it is going to look so good against the floors. we have the super deluxe master bedroom. it is going to be the new bed. this is going to be a lot more cost-effective than buying something new.
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i will buy foam. i will come back and a pollster the beautiful velvet. generally, you would see this wall done in paint. this is reminiscent of a men's suit. i use gas pipes from the hardware store. it has that industrial look we are looking for. >> we have just completed this daykover of the master bedroom. it is so wonderful. i cannot wait to show you all of the things that we did. some of the things we concentrated on were the accent wall of drapery, which looks
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like a pair of beautiful slacks. we have access to our walk-in closet. this could be a huge window behind here. i love the element of surprise. i think every master bedroom should have a little seating area, somewhere to take your shoes off at the end of a long day. as you guys know, this room was really dark on monday started off. we introduced three different light sources. i think it is really fantastic. they do not match exactly. they coordinate with this detail. the addition of these mirrors was super successful. look at the way we add depth and interest. can you believe how fantastic the headboard turned out? we constructed this amazing, dramatic headboard. it almost reminds me of a
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really nice velvet overcoat. it reminds me of an oxford with a nice, crisp color. the daykover is complete. i cannot wait to sleep here. mr. master bedroom sweet. >> that is it for this episode of "open house." please join us next week for property and design. you can also join our facebook family or follow us at twitter. thanks for stopping in. i will see you next week on "open house." state farm. this is jessica.
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hey, jessica, jerry neumann with a policy question. jerry, how are you doing? fine, i just got a little fender bender. oh, jerry, i'm so sorry. i would love to help but remember, you dropped us last month. yeah, you know it's funny. it only took 15 minutes to sign up for that new auto insurance company but it's taken a lot longer to hear back. is your car up a pole again? [ crying ] i miss you, jessica! jerry, are you crying? no, i just, i bit my tongue. [ male announcer ] get to a better state. text save to 7-8836. --mcaptions by vitac -- ge www.vitac.comtate. this sunday, the hottest show, the president wants a jobs bill. >> what on earth are we waiting for? >> but republicans are not on board. >> the truth is, the president has a problem that no amount of political strategizing can solve. his economic policies simply
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haven't worked. >> so another fight is soming over taxes and spending, as poverty is on the rise an voters feel worse off. how can washington help? my lead newsmaker guest this morning, senate republican leader, mitch mcconnell of kentucky. then, from bad to worse, democrats openly gripe about the president, and now question his re-election process. plus an assessment of the republican field challenging mr. obama, and the seventh annual clinton global initiative is set to kick off in new york. this morning, a special interview with former president bill clinton. finally, our political rounable. the gop debate, romney versus perry, fighting about soal security. >> it's not going to be there into the future. and i don't have a -- i don't make any apologies for calling the program what it is. >> social security is not a ponzi scheme. >> the race for the white house and the politics of the economy. joining us, former democratic
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governor of michigan jennifer granholm. republican strategist alex castellanos. white house correspondent for "the new york times." helene cooper. senior political analyst for "time" magazine, mark halperin. good morning. after weeks of taking his case on the road and urging congress to pass his jobs bill tomorrow the president will lay out his plan to reduce the deficit. "the new york times" reporting this morning that president obama will call for a new minimum tax rate for millionaires and will dub the proposal the buffett rule in reference to billionaire warren buffett who has advocated that the superrich should pay their fair share taxes. what are the prospects among republicans? what sort of plan is realistic in the midst of this election cycle. here with us forwo live interviews, the republican leader of the senate, mitch mcconnell, and former president of the united states, bill clinton.
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leader mcconnell, let me start with you and ask you whether this president's planon a million nash's tax rate is something that you could support? >> well, you know, we had that vote, david. a couple of years ago, when the democrats basically owned the congress. they had overwhelming control of the senate and the house, and it was defeated then. so i would simply go back to what the president said last december and signing a two-year extension of the current tax rates is a bad thing to do in the middle of an economic downturn. and of course the economy somewhat argues even worse now than it was when the president signed the extension of the current tax rates back in december. i think what he said then still applies now. >> what's unfair, though, about making richer americans pay the same tax rate that middle income americans do? >> well, look, you know, if warren buffett would like to give us some of his benefits we'd be happy to talk about it. i mean, i think that benefits is one of the ways that we're going to have to solve at least this
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social security. and medicare problems long-term for the next generation. with regard to his tax rate, if he's feeling guilty about it, i think he should send in a check. but, we don't want to stagnate this economy by raising taxes. it won't just hit individuals, david. you know, there are over 700,000 of our most successful small sinesses pay taxes as individuals. t as corporations. that represents 50% of small busess income. and 25% of the american workforce. we've got a 9.1% unemployment rate. does anybody think that's a good idea other than the president? there's bipartisan opposition to what the president is recommending already. >> we're talking about a jobs bill the president wants, and then tomorrow he's going to talk about his larger plan for reduci the deficit, because we know there's a super committee now in washington that still has to make some of the hard choices tt congress couldn't make the last go-around. so the real question, leader, is whether the president has a partner in republicans. now house speaker boehner talked
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about the economy in both of these issues this week. i want to play what he said on this idea of whether there's a paner. >> we want to create a better environment for jobcreation, politicians of all stripes can leave the, you know, m way or the highway philosophy behind. now on tax increases i think are off the table. and i don't think they're a viable option for the joint committee. >> isn't it classic politicians talking out of both sides of their mouth? we can't have an ultimate im, my way or the highway, but we will not talk about tax increases as we go forward to try to bring this budget into balance over time. >> well, it never gets talked about but there actually are things we agree on. we passed the budget control act last gust, this past august. it will get us a trill dollars in savings over ten years. we're going to get another minimum of a million -- a trillion, $200 billion savings out of the joint committee. we passed a patent bill that we think will help the economy.
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this week, we extended the feder federal aviation administration and we passed a highway bill. if the president would send up these trade bills that have been sitting on his desk for 2 1/2 years, ever since the day he was sworn in, we'll pass those. there are things we can do together, david and we're ready to do it. >> let's talk about the hard stuff. because my question is about taxes. if the president is willing to deal on medicare cuts, cuts to that program, are you willing to consider tax increases as part of a larger effort to reduce the deficit? >> well, we're certainly interested in tax reform. i don't have a single member of my conference who doesn't think it's time to take a whole look at the tax code, a over again. it's been 25 years. since president reagan led us through this effort on a bipartisan basis back in the mid '80s. he got the top rate from 70 down to 28%. was a big step in the right direction and it helped reduce an economic boom for a fairly lengthy period of time. so tax reform we're certainly open to. we're not opposed to more revenue. the way you get more revenue is
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get the economy going the government is a big winner when the economy is moving. right now, we've got -- we've thrown a big, wet blanket over the private sector economy. we' borrowed too much. we've spent too much. we're dramatically overregulating every aspect of the private sector. in our country. and now we're threatening to raise taxes on top of it. that's not going to get the economy moving. >> isn't the reality, leader, that you laid out the political playbook for republicans, and that's to make this president a one-term president. you laid that out before. is it your view that it's political malpractice to do business with the president on this point? and by taking any tax increases off the table, to either jump-start the economy or deal with the deficit problem down the road, you say, we're not going to give him anything now. the window is closed, let's have it out in the election? >> no, the window is not closed. i mean the election is next year. in case anybody forgot. it's not this year. we're in the middle now of a process that i think is going to lead to a major bipartisan accomplishment. and that's the joint committee,
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and its recommendations with regard to entitlement reform and possibly tax reform, as women. only divided government can do those kinds of things, david. let me give you four good examples. president reagan and tip o'neill tix fixed the social security system for a generation in the mid eightys. they did tax reform in the mid '80s. president clinton and the republicans did welfare reform. and president clinton and the republicans actually balanced the budget in the late '90s. you know, divided government, that is when neither party controls the entire government, is the perfect time to do big stuff. and we intend to tackle deficit and debt, and once again think the joint committee i'm hopeful the president will sign whatever we send him later this year. that will be an accomplishment that both sides can brag about. >> i'm going to ask you about 2012. who do you think is the front-runner on the republican side? >> i have no idea. i have my hands full with my job in the senate. it's interesting to watch. and obviously'm going to be supporting the republican nominee, and i think if the
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election were very soon, we'd have an excellent chance of changing the occupant of the white house. but, of course, the election is not this is year. as i just indicated. it's next year. >> i want to play a couple of moments from recent debates that had to do wi really a challenge for the notion that the republican party is the party of life. and supports the culture of life. the first question for my colleague brian williams in the debate that had to do with the death penalty to rick perry. i'll show you that. >> your state has execud 234 death row inmates, more than any other governor in modern times. have you -- >> an awkward moment of applause. and then during the cnn debate, wolf blitzer asked ron paul whether a healthy man who had opted not to get insurance should be allowed to live, frankly, if he required intensive care for a period of six months. here was the congress. >> congressman, are you saying that society should just let him die? >> no. >> yes! >> does the audience response in
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both cases trouble you as a republican? >> look, we have a lot of people running for president. there are going to be a lot of debates, a lot of things said. a lot of audience reactions. i don't have any particular reaction to what's going on in republican campaign for president right now. i've got a big job to do trying to help turn this country around. and working with a president who i belve has been doing all of the wrong things. i mean, if you look city stimulus bill, david, what did we get out of that? turtle tunnels and solyndra. solyndra. look. more money was lost on solyndra than came to my state to fix roads and bridges out of the entire stimulus package last year. and now he's asking us to do it again. one of my favorite sayingsere in kentucky, out in the rural areas, is there's no educating the second kick of a mule. we've been there. we've done that. now he's asking us to do it again. i'm trying to get him to go in a different direction. i've got my hands full without commenting on all that's going on in the republican campaigns
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for president. >> all right we're going to leave it there. leader mcconnell, as always, thank you very much. >> thank you, david. >> joining me now, live fro new york, the 42nd president of the united states, bill clinton. mr. president, welcome back to "meet the press." always nice to have you. >> thank you, david. >> i want to talk about the clinton global initiative, the seventh year as it gets ready to kick off in new york, and there's really interrelationship between the big focus you have at the conference and this debate we're having in washington. first let me get your response, however, to leader mcconnell. you warn now, in this economic clime against cutting too much or raising taxes too much, either dealing with the long-term deficit or jump-starting the economy. what do you think is possible now when you hear what you just heard? >> well, i don't know. you know, i'm notin washington and i don't have a feel for it. i will say this, if you look at the independent economic analysis of the program the president outlined, a broad range of economists say that if it's adopted, then in 2012, gdp
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growth will be somewhere between 1.3% and 2% higher than it otherwise would be. unemployment will drop a percent, maybe more than a percent lower than it otherwise would. looks to me like that's a good thing for america. but i doubt that the -- that the republicans want it to happen in 2012. but it's the right thing to do. the average family would get a $1500 tax cut. that would stimulate consumption. and the employers would get significant tax benefits to hire new people. so ihink -- and there would be $50 billion more put out through the existing government channels for infrastructure projects, stly to fix roads of all kinds. and they would feed an infrastructure bank of $10 million and then get private investors, which the republicans normally like, and even foreign
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investors could invest in this so we could grow the economy. so i thought it was a good plan that he outnine lined. and i still hope that quite a lot of it will pass because i think it will put americans back to work. >> but, you've heard democrats who are concerned about the impact on taxes. raising taxes in this economy. that's the kind of sustenance that republicans will feed on and say, we just can't do it. and you've warned against it, as well. you think there's too much emphasis on taxing the rich? >> well, first of all, i believe that the -- that as you look at how we're going to balance this budget, and get a hold of the debt over the long run, clearly eryone has looked at it. all the bipartisan commissions, extremely good work done by alan simpson and erz kin bowles and their commission. they say you've got to have spending cuts and economic growth if you want to bring the budget back into balance.
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you have to have all three. and the least harmful tax increases are the ones that senator mcconnell, and people who agree with him, hate the most. and that is restoring the tax levels that were through whe i was president for those of us in high income group levels. that's the one that does the least harm. i agree we ought to have corporate tax reform. i agree that in this world, where there's a lot more competition for new manufacturing jobs, we've got to lower the rates, and broaden the base. i think that i would support senator mcconnell's call for a reform of the individual income tax system. right now, we don't need to do what the republicans want to do, either, which is to cut a lot of government spending that is keeping the economy going. right now, what we need to do is put americans back to work, get growth going, and then bring this debt down. and that's what i think. i think they ought to be cooperating, but conflict seems to want to be better politics.
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cooperation is better economics. >> let me ask you about your focus at the clinton global initiative this year. because it unemployment. it's not just about the united states, but the world over. 205 million people unemployed, 1.5 billion who are vulnerable, either underemployed or informally employed. as you think about what has to be done, is there not a reality in this country and in the rest of the world that there are people who've benefited from all the upsides of globalization, but there are more people becoming poor in this country, and around the world, because they're just getting the downside of it? >> absolutely. and if you look at that, clearly what every country needs, and what we need in thinking about the world ishe strategy for shared benefits. look, if you go back to when america moved from farm to factory, at the end of the 19th century, every time you change the economic paradigm, vast new fortunes are made, and you create more jobs, but it's hard
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on the middle class. and it's hard on people who are doing fine in the old economy. that's basically happening worldwide. there are too many people left out and left behind. and what creates a structure of oprtunity is when you have cooperation between government and the private sector. to essentially make the market work for everybody. hat's what we need to do in america. that's what we need to do in the world. that's what america did to create the biggest middle class in history from the time of theodore roosevelt through franklin roosevelt. that's what works and that's what has to be done today. and it has to be done in america, to make sure that we have an economy of shared prosperity and shared responsibili responsibility, and it's what we're trying to create in the world. it's what i'm trying to do in the work i do in haiti and it's what the clinton global initiative tries 20 do. >> so talk about what tangible, out of this meeting, because this is a tangible meeting.
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this is about direct results and not just conversation, what do you get tangibly out of this that's about public/private partnership, at a time when the role of government is under fire, as you know? >> well, there will be -- i think there will be somewhere on the order of $5 billion or $6 billion worth of commitments over a multi-year period to do moreto to, for example, establish women businesses in developing countries where women have not been a full partner in the economy, as well as to send more young girls to school and give them access to the economy. i think that there will be an enormous number of very good commitment to try to use the energy transfer the world is going through to create more jobs. i heard what senator mcconnell said about that one project. but the hard truth is that in america, in spite of his hostility to it, green technology jobs have grown twice as fast as the overall job
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genating capacity of the economy in the last eight years, where all job growth has been anemic. you're going to have a lot of that. and in america, i think you'll see some interesting partnerships. the afl-cio and some of the public employee pension funds are looking at this and saying, hey, we're not earning all that much money in the stock market, maybe we should invest in an infrastructure bank. maybe we should invest in putting people back to work, modernizing all these buildings and making them more efficient, because if they do that, we know we're going to get our money back, plus a return. i think you'll see some innovative things that will be a real beacon of what america could do, and do in a hurry, to put itself bk to work if we move the money to where the jobs are. >> it would be malpractice on my part, mr. president, if i didn't ask you about politics. you know a thing or two about political leadership and about how to get re-elected. so i have to show you what your good pal and old political hand james carville is saying about this president and his troubles.
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i'll put it up on the screen. what should the white house do now? he writes. one word comes to mind, panic. this is what i would say to president barack obama, the time has come to demand a plan of action that requires a complete change from the direction you are headed. number one, fire somebody. no, fire a lot of people. this may be news t you, but this is not going well. what's going wrong for this president? >> well, first of all, he became president just a few months after the financial crash. now, ke in mind, even before thefinancial crash, in the eight years before the financial crash, we had almost no new jobs. only 10% as many as we had when i was president. real family income was lower than it was the day i left office. the economy was weak as could be. then you have this financial crisis.
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istorically, these things take five years to get over. and a year after the president took office, the final figures came in and it turned out that the crash was even worse than anybody thought. so, we don't feel fixed yet. and that's never good for an incoming president. as americans, there's no american alive except the people who are old enough to remember the great depression, and there are not many of them, who remember what it's like to go through a financial crash, which rmally takes four to five years to get over. so he's got a very difficult hand to play. but, if you look at this proposal he's put forward to the american people, and to the congress, all the economic studies say that it will add basically 1.3% to 2% to gdp growth next year. it will lower unemployment by 1% or more. it would create 1 million to 2 million jobs. i thinke's got a plan now. i think he's on the right track.
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and i think that the poll numbers don't mean much now. right now he's out there running against himself, and running up against the american people's disappointments and frustrations. look, this is an agonizing time for miions of americans. not just the inemployed, but the people who aren't in the figures because they've gotten so discouraged they quit looking for work. or the people in part-time jobs that need full thy-time jobs to support their families. i think this is all perfectly predictable. and finally he's got a plan that he can push, and if hpushes it, the american people can make their own judgments about how the congress responds, and who's responsible from here on in. but i think he finally got a plan that people can gravitate to. >> should he follow mr. carville's advice? >> no, because he's got a good economic plan. i don't -- you know, the president never does the country much good by panicking. i know what james meant. james meant that we need a
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political turn. but the truth is, what we need is to create a climate where the american people can think, instead of just vote their frustrations. and as long as he's got a specific plan out there, and the american people can evaluate it compared to what the republicans want, and see what they do, i think that politically that's the best you can do. he's been dealt a tough hand. and the american people are not used to waiting five years for anything good to happen. but, that's what we're facing. d if you want to speed it up, we've got to do things in the government. so, now we've got -- we're going to have a real debate with real specifics. i think that's encouraging. he's going to come out with his long-term deficit redtion plan. i think that's a good idea. but he's going to make clear that you can't balance the budget on the back of no growth. so we don't want big tax increases, or spending cuts now.
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we've got to focus on the jobs first, then we can bring the debt down. >> here's a story from bloomberg news on friday, i'll put it up on the screen. the headline, clinton popularity prompts buyer's remorse. the most popular national political figure in america today is one who was rejected by her own party three years ago, secretary of state hillary clinton. nearly two-thirds of americans hold a favorable view of her and one-third are suffering a form of buyeraries remorse, saying the u.s. would be better off now if she had become president in 2000 eight, instead of barack obama. as my son would say, this is awkward. >> well, first, i'm proud of her, and i think that the american people are right that she's done a really fine job. but she'd be the first to tell you that, you know, the further you get out of the line of fire, the more popular you're likely to be. i don't think you can -- you can take that seriously. she is very safe, she's not president, he is. we have anconomic plan. th best thing to do is to focus
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on putting the american people back to work and passing this plan. >> to that point, if unemployment does not come down significantly from 9.1%, you know the history, can this president be re-elected? >> yes, if people believe that he had a credible plan, and the republicans thwarted it, either because they were wrong or they just wted to beat him. that's the problem they're facing. and i know there's a story in the press today saying that the use was going to offer to pass about 2.5% of what the president asked for. about 2.5%. if the story in the paper is right. and if that's true, they've put themselves in a perilous position. they are now opposing the payroll tax cuts that they have always been for. they had to figure out why they were against that. they're -- they're against them for waing to offset the cost of this with raising taxes on
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upper-income people. if they don't want to do that now, they should say this is an emergency, and we'll just pass theax cuts right now. it is an emergency. they didn't have any problem at all for 7 1/2 years fighting the wars in iraq and afghanistan off budget and doubling the debt of the country. and all of a sudden now, they can't bear to spend a little money to give the average american a payroll tax cut and the average small business person a payroll tax incentive to hire new people. i think that, you know, we need to clarify the choices here, and settle down. the fundamental problem, avid, that's why i like what i'm doing now, in the global initiative, we have republicans and democrats, and conservatives and liberals and people from all over the world. we just try to do what works. and the fundamental problem that we've got in america today, i think, or parts of the economics, is that conflict makes good politics. sharp ideology and all this stuff, that's been very
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successful politically, but it's lousy for economic policymaking. if you look at the places that are really successful in america today, look at silicon valley, look at the computer simulation boom in orlando, and lots of other examples, in those laces, without exception, you have cooperation between a vibrant private sector and a smart government. and cooperation is great for the economy, but it doesn't work as well politically. so we've got this big disconnect between politics and economics, and until we close it we're going to have a hard time coming back. >> mr. president, two quick ones before you go, if i can. so who do you think is the republican nominee? >> i don't know. it's early. right now it looks like governor perry and governor romney are doing very well. you know, i wouldn't count anything out. it's likely to be an unpredictable year because it's an unpredictable time.
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>> finally the u.n. vote coming up. palestinians and israelis. as the palestinians seek a vote in the u.n. for statehood, how counterproductive do you think this will be for their ultimate effort to get a palestinian state, given, of course, that the united states will block their efforts in the security council? >> well, everybody knows what's going to happen, and the united states has been very forthright, and i think the palestinians understand that they have to negotiate borders and securities with the israelis. they're just frustrated because they feel that they have provided a secure environment. they have reinforced cooperation with the israelis. they have produced a growing economy on the west bank. they have renounced violence. and all the arab countries except syria have offered israel a political, military and security partnership for the future, including opposition to iran's nuclear design. if they create a palestinian state, and there's been no
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progress. so this is an act of frustration by the palestinians. and i think what we've all got to do is contain the negative fallout, so when they get the vote, which will be extremely positive, since most of the rest of the world believes the israelis have made an error not being more forthcoming with the government, and the u.s. vetoes it, which we will do because we're committed to israel's security and the idea that the two parties have to negotiate a solution, we've got to contain the fallout. because when this is over, the underlying reality won't change, and we still believe there shod be a palestinian state, and we still believe there should be coopetion between israel and our arab neighbors. so, i don't know what's going to happen. i just know that this is one of those deals where we're either going to go forward, or fall back, and i fav going forward. i don't think the fundamental realities have changed in 20 years. >> mr. president, thank you, as always. good luck wi the cgi this week. >> thanks, david. >> and coming up, republican
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white hoe hopefuls rick perry and mitt romney spar over social security. the rest of the field struggles to beak through. meanwhile reports that democrats are dissatisfied with president obama as they suffer two stinging defeats in special elections this week. how will it affect his re-election chance? our roundtable weighs in. former michigan governor jennifer granholm, and republican strategist alex castellanos. also here, helene cooper of "the new york times." and "time" magazine's mark halperin. after this brief commercial break.


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